Advantages of Cyprus as Alternative Investment Fund (AIF) base.
An investment fund is, in essence, a vehicle for collective investment by two or more investors whose money is invested on a pooled basis on their behalf by an investment...
Alternative Investment Funds in Cyprus.
The Alternative Investment Funds Law. The passing of the Alternative Investment Funds Law in July 2018 has been welcomed as a significant development that modernized the Cyprus’s regulatory framework as regards alternative...
Registered Alternative Investment Funds (RAIFs) in Cyprus.
The Alternative Investment Funds Law 2018 (AIF Law, Law 124(I)2018), that came into force on 31/07/2018 introduced a new fund management vehicle known as the Registered Alternative Investment Fund (RAIF)....
Interim Orders and Injunctions in the Cyprus legal system.
Introduction. An interim order and injunction is simply a temporary Court Order that orders a party to do something or orders a party to refrain from doing something until an...
Is there copyright in the taste of cheese?
An interesting question came before the Court of Justice of the European Union recently. which was called to decide as to whether there is copyright in the taste of cheese!...
Shell companies and the 60 days tax residency scheme.
The Minister of Finance has stated recently that the model where Cyprus encouraged the opening of bank accounts of companies, that had just deposits at the banks, with no physical...
What are shell companies?
The Central Bank of Cyprus issued on 02/11/2018 a Circular to the commercial banks of Cyprus defining the term “shell company”. This Circular comes following an earlier Circular dated 14/06/2018...
How over-compliance in the banking sector threatens to kill Cyprus as a business center.
Cypriot banks are under extreme pressure, the last few months, by their regulator, the Central Bank of Cyprus, as regards the opening and operation of bank accounts of companies belonging...
Permanent residency in Cyprus. A Q&A Guide
We have compiled this Q&A Guide about permanent residency applications to address questions usually raised by clients. Updated 04/07/2017 1. Main differences between going through the Fast Track and...
